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Brandon purchased a new car on August 1, 2017 for $14,500. His records indicate that he uses the car 45 percent for business and 55
Brandon purchased a new car on August 1, 2017 for $14,500. His records indicate that he uses the car 45 percent for business and 55 percent for personal use. What are his cost recovery deductions for 2017 and 2018?
a. $653; $1,305
b. $1,377; $2,205
c. $1,305; $2,088
d. $798; $1,595
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